Earnings per Share Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The table below presents a reconciliation between basic and diluted weighted average shares outstanding, net income available to common shareholders and basic and diluted income per share for the three and nine months ended September 30, 2014 and 2013:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(In thousands, except per share amounts)	2014			2013			2014			2013
NUMERATOR
Net income	$	13,617		$	125,311		$	39,803		$	137,162
Preferred stock dividends	(1,218		)	(1,219		)	(3,656		)	(2,438		)
Excess of fair value over book value of preferred shares redeemed	—			—			—			(2,190		)
Net income to common shareholders	12,399			124,092			36,147			132,534
Interest on 3.25% convertible senior subordinated notes due 2017	368			611			1,110			1,833
Interest on 3.00% convertible senior subordinated notes due 2018	496			824			1,497			1,851
Diluted income available to common shareholders	$	13,263		$	125,527		$	38,754		$	136,218
DENOMINATOR
Basic weighted average shares outstanding	24,474			24,358			24,454			23,642
Effect of dilutive securities:
Stock option awards	214			183			223			246
Deferred compensation awards	148			119			138			111
3.25% convertible senior subordinated notes due 2017	2,416			2,416			2,416			2,416
3.00% convertible senior subordinated notes due 2018	2,669			2,669			2,669			1,995
Diluted weighted average shares outstanding - adjusted for assumed conversions	29,921			29,745			29,900			28,410
Earnings per common share:
Basic	$	0.51		$	5.09		$	1.48		$	5.61
Diluted	$	0.44		$	4.22		$	1.30		$	4.79
Anti-dilutive equity awards not included in the calculation of diluted earnings per common share	1,286			998			1,243			951